- Rising raw material and labor costs.
- Parts shortages.
- Unclear roadmap for hydrogen energy transition.
- Labor shortage in Japan.
- Uncertainty in energy policies aimed at realizing carbon neutrality.
- Decreasing working population and lowered production.
- Growing momentum toward the realization of carbon neutrality.
- Impact of changes in living environment on the natural environment.
TOYO KANETSU K.K.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, TOYO KANETSU K.K. disclosed greenhouse gas emissions of 3.7K tCO2e (Scope 1 & 2 in 2023). By scope: Scope 1: 2.3K tCO2e (2023); Scope 2: 1.4K tCO2e (2023); Scope 3: 270.5K tCO2e (2023 provisional). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
3.7K tCO2e (Scope 1 & 2 in 2023)
2023
Water Usage
9.9K m3 (2023)
2023
Waste
265 tons (2023)
2023
Energy Use
915 kl crude oil equivalent (2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 2.3K tCO2e (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.4K tCO2e (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 270.5K tCO2e (2023 provisional) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 3.7K tCO2e (Scope 1 & 2 in 2023) |
| 2019-04 to 2020-03 | 1.7K tCO2e/year (FY2019 non-consolidated) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- GHG emission reduction of 1,613 t-CO2e (compared to FY2019)
- Toyo Koken K.K. achieved zero greenhouse gas emissions through solar power generation.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve an ROE of 8% in fiscal 2024.
- Complete development of own WMS in 2024.
- Complete construction of fourth factory in Wakayama by November 2024.
📅 Medium-term
- Achieve a 50% reduction in emissions by 2030 (compared to 2019 levels).
- Commercialize hydrogen power by 2030.
- Complete experimentation on large-scale liquefied hydrogen tank in fiscal 2027.
🔭 Long-term
- Achieve carbon neutrality by 2050.
🌱 ESG Focus Areas
Climate ChangePopulation Decline in JapanHuman ResourcesTechnological InnovationCollaboration with PartnersProductivity IncreaseOccupational Health and SafetyCompliance and Corporate GovernanceRisk ManagementCorporate Culture